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Fervo Energy

About

Editor's note: Updated Aug. 26, 2022.

Headquarters Address

Houston, TX
United States

News

Energy Transition in Motion (Week of Dec. 20, 2024)

Here is a look at some of this week’s renewable energy news, including billions of dollars in loan awards from the U.S. Department of Energy.

Fervo Energy Adds $255 Million in Funding for Geothermal Projects

Fervo Energy secured $135 million in funding from Capricorn Investment and a $120 million letter of credit from Mercuria.

Fervo Energy, Partners Launch Geothermal Apprenticeship Program

Participants will have a chance to learn geothermal directional drilling and well completions, while getting on-the-job training and taking college-level coursework, the company says.

Energy Transition in Motion (Week of Oct. 18, 2024)

Here is a look at some of this week’s renewable energy news, including approval of a 2-gigawatt geothermal project in Utah.

Energy Transition in Motion (Week of Sept. 13, 2024)

Here is a look at some of this week’s renewable energy news, including an agreement between Exxon Mobil and Mitsubishi Corp. concerning ammonia from a planned hydrogen facility in Texas.

Fervo Energy Achieves ‘Record Breaking’ Geothermal Well Flow Rates

Fervo Energy’s Cape Station project will generate 90 megawatts of renewable energy capacity during its first phase.

Energy Transition in Motion (Week of Aug. 30, 2024)

Here is a look at some of this week’s renewable energy news, including a more than $2 billion hydrogen and atmospheric gases facility in the works.

Getting to the Core: The Know-how of Geomechanics to Capture Geothermal

Understanding the behavior and geomechanics of fracture-dominated reservoirs is a must for developing geothermal assets.

Nuclear in a Box: Mobile Nuclear Reactors May Answer Permian’s Power Ask

A top Permian producer has signed up for a small-footprint nuclear plant. A top pressure-pumper has invested in the developer. Industry members say interest in Permian nuclear is hot.

The New Wildcatters: Geothermal Developers on the Hunt for Heat

The U.S. is poised for a geothermal boom using existing oil and gas technology. Does the industry have what it needs to scale?

Fervo Executes Two Geothermal Agreements with Southern California Edison

The two 15-year power purchase agreements will provide carbon-free geothermal energy for the equivalent of 350,000 homes across Southern California.

Geothermal Energy Talk Rises to the Surface at OTC

Experts discuss what it’ll take to advance geothermal energy and bring scale to the emerging power source.

Sage Geosystems Advances Commercial-scale Energy Storage Facility

The 3-megawatt facility in Texas is expected to become the world’s first commercial geopressured geothermal system when it’s commissioned in December.

Energy Transition in Motion (Week of April 19, 2024)

Here is a look at some of this week’s renewable energy news, including the latest on global solar sector funding and M&A.

Google Exec: More Collaboration Needed for Clean Power

Tech giant Google has partnered with its peers and several renewable energy companies, including startups, to ramp up the presence of renewables on the grid.